The Commodity has broken the 1494 - 1484 S/R zone, A highly volatile economic week being the main factor driving the commodity down and could continue down significantly..
Technical analysis :
1. Pin Bar formed on the D chart (25/10/19) signaling market rejection of the 1517 - 1513 price range, previous rejections making it a strong resistance zone
2. Price retraced to the 1517 - 1513 zone providing a good entry zone down.
Current price is at a strong support zone and were anticipating a pull back up to the 1493 - 1473 zone
This is a possible short buy opportunity as we look for the bear trend to continue.
Technical analysis :
1. Pin Bar formed on the D chart (25/10/19) signaling market rejection of the 1517 - 1513 price range, previous rejections making it a strong resistance zone
2. Price retraced to the 1517 - 1513 zone providing a good entry zone down.
Current price is at a strong support zone and were anticipating a pull back up to the 1493 - 1473 zone
This is a possible short buy opportunity as we look for the bear trend to continue.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.